Future Gas Strategy lays out winning plan for workers and climate, now time for action
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- Oil Mining Resources
- 15/01/2025
- 00:40
Updated Kiniero Feasibility Study Achieves Increase +46% in Gold Reserves and +89% NPV to US$322M
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.HIGHLIGHTS:Increased Reserves Life Of Mine (“LoM”): Mineral Reserves increased by 442,000oz or 46% to 1.41 million ounces from Kiniero's 2023 Feasibility Study (“2023 FS”);Potential to grow Mineral Reserves: Kiniero has Indicated Mineral Resources (inclusive of Mineral Reserves) at 2.2Moz @ 0.96g/t Au, plus Inferred Mineral Resources of 1.53Moz @ 1.05g/t Au (effective September 1 2024); More than 25,000 metres of drilling completed since the database cut off. An updated Reserve Statement to include this drill data is scheduled to be released in Q2 2025;Improved economics: The updated study demonstrates…
- Business Company News, Oil Mining Resources
- 14/01/2025
- 10:03
Yankuang Energy Receives FIRB Approval for Transformational Transaction with Highfield Resources
14 January 2025 | Highfield Resources Limited (ASX:HFR, “Highfield” or “the Company”) is pleased to announce that Australia’s Foreign Investment Review Board (FIRB) has issued a statement of no objection to Yankuang Energy Group Co., Ltd’s proposed subscription of up to US$376 million in Highfield shares (at A$0.50 per share), marking a significant step in their transaction. Key Highlights FIRB’s decision means that a key condition is satisfied for Highfield’s transformational transaction with Yankuang Energy, which comprises: A US$220 million equity capital raised coming from Yankuang Energy and other investors. The acquisition of the Southey Potash Project in Saskatchewan, Canada,…
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- Business Company News, Oil Mining Resources
- 14/01/2025
- 09:50
Marmota Limited Confirms Outstanding Heavy Mineral Grades at Muckanippie Titanium Discovery in South Australia
Adelaide, Australia – 14 January 2025 | Marmota Limited (ASX:MEU, “Marmota” or “the Company”) is pleased to announce exceptional assay results from its titanium discovery at the Muckanippie Project, South Australia. The initial metallurgical testwork has confirmed bonanza heavy mineral grades and significant mineralised thicknesses across each of its discovery holes. Key Highlights Exceptional HM Concentrations: WI-081: 28m @ 19.2% HM from surface, including 4m @ 22.2% HM. WI-080: 36m @ 13.5% HM from surface, including 4m @ 27.8% HM. WI-079: 39m @ 13.2% HM from surface, including 4m @ 26.0% HM. WI-078: 24m @ 13.5% HM from surface, including…
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